How The Man Who Challenged Tesla Went Bankrupt

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Faraday Future, a California-based electric-car startup and Tesla's once rival, generated buzz in 2015 as the company poached top talent from Tesla, BMW, Audi, Ford, and Ferrari. Called "Tesla killer," Faraday’s meteoric rise in notoriety occurred on dubious underpinnings - the company did not promise a product, nor did it announce any concrete plans for its first few years of operation. The mystery surrounding Faraday was only matched by its enigmatic cofounder and CEO, Jia "YT" Yueting, the billionaire businessman who founded multiple telecom companies in China but left abruptly to become the CEO of Faraday. We took a look at YT and Faraday Future's promise, the financial woes that led them both to bankruptcy, and YT's relationship with the reanimated Faraday today.
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How The Man Who Challenged Tesla Went Bankrupt
Runtime: 08:15


fahmi YTgaming
fahmi YTgaming - 35 minutter siden
Dulidose - 3 timer siden
The cars dont look that bad
るなめりあ - 5 timer siden
This man is the very definition of:
"You cannot live with your own failure, where did that bring you? Back to me"
Yaku Castellon
Yaku Castellon - 7 timer siden
Well.. Elon Musk did a coup in Bolivia. Just because of Lithium.
Mesrop Madzharyan
Mesrop Madzharyan - 11 timer siden
Sounds like a Ponzi scheme in the future .
TrueSkate Hell
TrueSkate Hell - 15 timer siden
he tried to out elon the musk
GET2222 - Dag siden
Comparing this guy to Musk is an insult. Musk is an engineer by trade and understands physics at the neuro level. This guy has charisma and a marketeer. Musk dissolved his PR department because he could save money making more of an impact tweeting.
Nice try....
Neon - Dag siden
I honestly don’t get why he was financially secure with *7 billion* in the bank and spent it all on making some bootleg Tesla company. If i had that much i would just never work again and try not to spend a lot
X Æ A-12
X Æ A-12 - Dag siden
*Biggest bruh moment*
Proud Indian
Proud Indian - Dag siden
Letv mobile was decent
John Hurunui
John Hurunui - Dag siden
Hahaha idiot
ii ii
ii ii - Dag siden
Nikhil Kumar
Nikhil Kumar - Dag siden
China can either steal or copy cat the technology
Teliso Lary
Teliso Lary - Dag siden
this is only Ads for him °°°
Dulan Hasantha Jayasooriya
Dulan Hasantha Jayasooriya - 2 dager siden
Big fat cheat from the word go.
Calvin Kan
Calvin Kan - 2 dager siden
nope, he is not going back to China ... how rarely do you see Chinese moving back to China voluntarily...
kevin keestis
kevin keestis - 2 dager siden
Love from my heart
Junior Mendoza
Junior Mendoza - 2 dager siden
Wow Asians are ambitious as hell, props for the Chinese guy, too bad he cudent B another Jack Ma.
Calvin Tey
Calvin Tey - 3 dager siden
This guy is a scammer. He's done nothing but scams
Viman82 - 3 dager siden
Simple the Chinese bosses in communist party did no support him completely
Bobby A
Bobby A - 3 dager siden
Whoever wrote this was not a good writer.
Utkarsh Raj
Utkarsh Raj - 4 dager siden
This man is also visionary but only the financial strategy was weak.....still he had the courage to pursue the dream❤️❤️👍👍👍
Goose Blur
Goose Blur - 4 dager siden
Nothing last long anything that comes with the tag "Made in China".
Van Long
Van Long - 4 dager siden
Because he's Asian
Hatsy YT
Hatsy YT - 4 dager siden
Dr. Foot
Dr. Foot - 4 dager siden
If its from china its doomed to fail. They dont focus on creativity, they focus on state-funded projects.
Tesla Cyber Truck
Tesla Cyber Truck - 4 dager siden
Moral of the Story:
*Don't F with Elon*
David Chittum
David Chittum - 5 dager siden
Rather just own a Tesla
Blue Prince
Blue Prince - 5 dager siden
China😳? All Bark and can't Bite.
Chinese funding Companies all hype then scam their Investors.🤧🇨🇳
Harper Archstorm
Harper Archstorm - 5 dager siden
I would buy one of those rival cars. They look cool
Rishabh Kadkol
Rishabh Kadkol - 6 dager siden
Elon musk should not be getting the credit for tesla's success as he did not start tesla he bought it when he saw some potential in the company same is the case with SpaceX.
Rishabh Kadkol
Rishabh Kadkol - 6 dager siden
Tesla is becoming a monopoly
Ininja65 - 6 dager siden
Moral of the story: China is indeed, not #1 in everything 😂😂😂
Dr. Foot
Dr. Foot - 4 dager siden
If its from china its doomed to fail. They dont focus on creativity, they focus on state-funded projects.
Ijlal A
Ijlal A - 6 dager siden
i think yt is just unexperienced. he should not take big risk and give false hope like that. im glad that he will pay for his wronging
Stupid Idiot
Stupid Idiot - 6 dager siden
Model S
Model 3
Model X
Model Y

I see what you did there Elon
Arnab Mandi
Arnab Mandi - 6 dager siden
Atleast he tried. Try to take the good things out of these experiences.
Not Shown
Not Shown - 6 dager siden
On 9/23/2020 Yung Wing Chee Bee Bong was executed and his organs harvested in the Kingdom of the CCP.
1a - 6 dager siden
likely YT is the biggest modern day charlatan
malik ario
malik ario - 6 dager siden
this idea came too soon
Thanos - 6 dager siden
He is still a millionaire, comment section tripping
Vicente Alonso
Vicente Alonso - 7 dager siden
I don’t like Chinese honestly.
trollin Ape
trollin Ape - 6 dager siden
Pretty racist? Why is thay
Eric Chen
Eric Chen - 6 dager siden
Don't worry I dont like you either
yahdirs sanchez
yahdirs sanchez - 7 dager siden
The truth about forex trading is that if you do not have a working strategy or a good mentor then you'd always lose no matter how much you watch these videos. I can say I've been earning amazing profits ever since i started trading with Mr carlos. @Carlos_1uptrades on Instagrām, am talking about $12,000 profit weekly, his superb strategies and signals are incomparable
FROZEN EGGY - 7 dager siden
This company would have succeed if they had smart people
FROZEN EGGY - 7 dager siden
Why is there competition Elon just wants ev"s to succeed not only teslas
Rio Vibing
Rio Vibing - 8 dager siden
Santosh Junior
Santosh Junior - 8 dager siden
I used letv phone for 1 year, it was all u could ask for at that price range except 🔋 heating problem
Dutch vanderlin from McDonald's
Don't challenge the Musk
Shoaib K
Shoaib K - 8 dager siden
People making fun of him but I give him props for trying
Taylor Made
Taylor Made - 8 dager siden
Why do i feel like this was told to me by an 8 yr old?
G G - 8 dager siden
The Chinese engineer stole codes at Tesla before joining Faraday future, which he acknowledged after being convicted.
Trump is very right!
The big difference between US and Chinese ventures are simple.
Most of US companies start as a lab and founders themselves being tech experts and tech guys.
While in most of Chinese ventures the founders are business men copying existing business models from West and applying them in different market.
Sick Nostalgia
Sick Nostalgia - 9 dager siden
Quality over aesthetics.
XxYorWrstNigtmre - 9 dager siden
This reminds me of a time that a guy came into my store and told me he was short 5 bucks, so I spotted him and never came back lol
eggorfnm - 9 dager siden
if YT played his cards right he couldn’t caught a bag, but I ain’t a professional so idk
Tejaan Music
Tejaan Music - 9 dager siden
Never give up
Emmy Oregon
Emmy Oregon - 10 dager siden
TSLA gave my portfolio a boost of €28k after compounding profits at the end of the last year, I am building a solid financial statement in the long run.
Emmy Oregon
Emmy Oregon - Dag siden
Look up Connecteddybruke@gmail
Micheal Graham
Micheal Graham - Dag siden
@Emmy Oregon thanks for the guide
Loc Gama
Loc Gama - 5 dager siden
Emmy Oregon, Franklin hardy, Doctor Stella are three bot who still function on Android kit Kat
Doctor Stella
Doctor Stella - 8 dager siden
How can I buy and get into the market
Franklin Hardy
Franklin Hardy - 9 dager siden
Amazing, now is still a time to buy into more stocks because in no time TSLA will be the most valuable automaker. Congratulations by the way
Namir Deshmukh
Namir Deshmukh - 10 dager siden
3:33 what😂🤣🤣
Gabriel Fernando
Gabriel Fernando - 11 dager siden
Yeah....Good try but ended up but fell like nicola....
Joel Bates
Joel Bates - 11 dager siden
Of course he went bankrupt, most of these car companies do.
Tai Hung
Tai Hung - 11 dager siden
You tried
zhen liu
zhen liu - 11 dager siden
I guess everyone in the comments section is not as good as him
ÐEXŦER Pachuau
ÐEXŦER Pachuau - 11 dager siden
Everyone makes mistakes...big or small,but,a good person will learn from those mistakes to get back up and start fresh.I hope this guy will come back up again.
Zylyn Zamora
Zylyn Zamora - 12 dager siden
Lesson learned. Focus on one thing
Rolex - watch
Levi - jeans
Apple - smart phone
Ford - car
JIM Gegegegegegegege
JIM Gegegegegegegege - 12 dager siden
B J - 12 dager siden
It failed probably because China couldn't steal Tesla technology.
lixuannn 04
lixuannn 04 - 12 dager siden
he could have become richer and more successful if he wasn't so greedy...
Tashi-kun's dungeon
Tashi-kun's dungeon - 12 dager siden
Ngl their cars look dope
The Roaming Ronin
The Roaming Ronin - 12 dager siden
Faraday Future, Nikola, Fisker all added to the pile of wannabe “Tesla killers”.
Rashid R
Rashid R - 12 dager siden
Tesla is an unstoppable force.
Falken Vir
Falken Vir - 12 dager siden
1 thing Faraday Future didn't have is Elon Musk
Future Billionaire
Future Billionaire - 13 dager siden
He went bankrupt bc he went against illuminati and elon musk. Elon musk alone was a challenge. But he couldn't hold up his own against someone whose connections has unlimited resources.... Let's not be crazy.... Dude sold his soul, got connected with minds that's beyond our planet...
Umwelt - 13 dager siden
Those cars are ugly as shit.
Anime McBurger
Anime McBurger - 14 dager siden
Bruh.. you guys keep saying this man have done a stupid thing. BUT THATS ALL ABOUT ENTREPRENEUR don't be scared and try to do what u want, if you guys are that clever why aren't you rich ? ur pathetic
Rodolfo Vitangcol
Rodolfo Vitangcol - 14 dager siden
Be a Billionaire in Ruvol
I have invented a Board Game [still unpublished] that is guaranteed to be far more challenging and exciting to play than CHESS. I called it “RUVOL.”
Over time, Ruvol will surpass chess as the “Number One Board Game in the World.”
Why am I so sure about this? Because I am an avid chess player myself. I found the moves in chess to be so repetitive and predictable that any clever player could easily master each and every move to a point that they can even play against opponents blindfolded. It is exactly for this reason I was encouraged to invent a game that can hardly be mastered where every game is always a new challenge and exciting to play. Ruvol is somewhat played like chess but requires more tactical skills than chess.
The “Global Income Potential” of Ruvol is just mind-boggling!
In my Google search, I found there are around 800 million chess players in the world. They are all potential buyers of Ruvol. At an average profit of just US$5 per set, the “Global Income Potential” for the owner then is a whopping US$4 billion.
If you are interested to buy my copyright, don’t hesitate to give me your BEST PRICE OFFER. Or perhaps, you may know of someone who is in a better position to buy the copyright. If so, refer them to me and get a 10% commission for it.
“Early bird catches the worm.”
Thanks and God bless.

The Ruvol Inventor
Flux083 - 13 dager siden
Bruh stfu
Kukunda Muvavarirwa
Kukunda Muvavarirwa - 14 dager siden
Lets all agree his cars look fresher than Tesla
ME Toons
ME Toons - 14 dager siden
Neon8 - 14 dager siden
They went bankrupt because they just wanted to beat tesla. If their goal was to make a better car they might would be successful
DrunkFox - 13 dager siden
clearly out here to sound profound yet it seems that you skipped the ending.
Matthew Chia
Matthew Chia - 15 dager siden
All these comments here shitting on the guy probably couldn't even pass Calculus 3 lmao
Scott Wales
Scott Wales - 15 dager siden
As soon as you said he started up manu companies in China I knew he was a fraud
Rebecca Williams
Rebecca Williams - 15 dager siden
Anyone still watch this video?
Trueno - 15 dager siden
LeS3 and the LeSmart TV and #LeFuture sounds like something from a 2008 rage comic
Greg Stewart
Greg Stewart - 15 dager siden
1:02 what is it?
Koin Gold
Koin Gold - 15 dager siden
Jaskaran Janjua
Jaskaran Janjua - 15 dager siden
The super team that disappointed ☹️
The Blue Fugi_
The Blue Fugi_ - 16 dager siden
He had a 7 billion dollar net worth, all he had to do was live.
Bruh Momento
Bruh Momento - 3 dager siden
It’s human nature to want more, even if you’re a billionaire. Ppl get bored way too easy
Jonathan Jacobo
Jonathan Jacobo - 6 dager siden
You get drugged in wanting more. It’s just human nature to continue. It reminds me of breaking bad that the trill of it is exciting. “Selling drugs” which was the concept of the show. Same goes here, he wanted more money.
The Blue Fugi_
The Blue Fugi_ - 10 dager siden
@I eat Grass its ironic isn't it the wealthiest people think like the poorest while the poorest think like the richest.
I eat Grass
I eat Grass - 10 dager siden
Some people want more power wants u have some, you want more it’s just human nature.
Evan DeRouen
Evan DeRouen - 16 dager siden
That’s what you get trying to keep up and shit
JDC Games
JDC Games - 17 dager siden
Offbrand Tesla
Ethan Teh
Ethan Teh - 17 dager siden
bruh he had 7.3 billion. What more could he want?
Rory Aids
Rory Aids - 18 dager siden
Dont forget lucid
Its Shawn Pais y'all
Its Shawn Pais y'all - 18 dager siden
2:38 I can't unsee that now
Ali Eid
Ali Eid - 18 dager siden
Me and this guy are on the same boat. He had $7B dollars and managed to go bankrupt. I earn less than $100 a month and manage to go bankrupt.
charllaque - 18 dager siden
He had a wrong choice? He just had a very advanced choice.. scared oil companies..
Harshan Gill
Harshan Gill - 18 dager siden
The funny thing is the ppl saying he screwed small investors over don’t think if this company had actually been successful they would be the same ppl saying theirs a lesson guys just go and pursue ur dreams. Lol.
John Louise
John Louise - 19 dager siden
Elon Musk: Uno reverse
Ezekiel belangigue
Ezekiel belangigue - 19 dager siden
😂😂😂😂 WTF went bankrupt
Prajjwal Vinodh
Prajjwal Vinodh - 19 dager siden
I would never buy a car that tells me how to drive. If I can’t enjoy a car then why would I buy it.
ian mendoza
ian mendoza - 19 dager siden
a failed chinese knock off lmao
Blc ME
Blc ME - 20 dager siden
You will make the same type of video if it happens to Elon. So at least show some respect. Learn to use your words. Everyday is a new day.
Steven Mitchell
Steven Mitchell - 20 dager siden
Looks a good car as well.. ohhhh well
Winnie Zab
Winnie Zab - 20 dager siden
Faraday Future is a scam from China 🇨🇳
Niko - 20 dager siden
This guy could’ve taken over the world if he was little bit patient. Seems like he rushed into things